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HANDBOOK ON MICROFINANCE INSTITUTIONS

HANDBOOK ON MICROFINANCE INSTITUTIONS . 1. INDEX. CHAPTERS PARTICULARS. 1 BIRTH OF MICROFINANCE . HISTORY. WHAT IS MICROFINANCE ? HOW DOES MICROFINANCE HELP THE POOR? 2 GLOBAL IDEA OF MICROFINANCE . 3 MICROFINANCE SECTOR IN INDIA. MAJOR AND RELATIVELY RECENT DEVELOPMENTS IN THE. MICROFINANCE SECTOR. BANKING CORRESPONDENT MODEL AND BANKING FACILITATOR. MICRO FINANCE INSTITUTIONS (DEVELOPMENT AND REGULATIONS). BILL 2011. 4 LEGAL FRAMEWORK. societies REGISTRATION ACT, 1860. INDIAN TRUSTS ACT, 1882. NOT-FOR-PROFIT COMPANIES REGISTERED UNDER SECTION 25 OF. COMPANIES ACT, 1956(Ref. Section 8 under Companies Act 2013). NON BANKING FINANCIAL INSTITUTIONS . NIDHI COMPANIES(Ref. Section 406 under Companies Act 2013). 5 PRODUCTS OF MICROFINANCE . OBJECTIVE. MICROSAVINGS. INSURANCE. REMITTANCE. NON-FINANCIAL PRODUCTS. INVESTMENT CRITERION. JOINT LIABILITY GROUP PRODUCT. 6 FINANCIAL INCLUSION AND RBI MANDATE. 2. 7 FINANCIAL REPORTING OF MICROFINANCE . TYPES OF SOURCES. ACCOUNTING PRACTICES FOLLOWED.

8.1 societies and trusts 8.2 nbfcs and other local banks 8.3 co-operative societies including multi state co-operative societies 8.4 co-operative banks 8.5 section 25 companies (ref. section 8 under companies act 2013) 9 frauds in microfinance 9.1 ways of undertaking frauds 9.2 examples of fraud

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